Top Bulls Reasons To Buy — Vote below!

Add a New Bulls Reason

Company: Weatherford International (WFT)
Current price:
Headline: (100 character max)
8 votes

  Stabilization of Iraq

With the Iraq becoming increasingly more stable, coupled with its "open door" policy towards western oil companies, WFT and its large Mid-East footprint are poised to profit from this virtually untapped reservoir that rivals Saudi Arabia's.

(100 character max) Cancel
1 votes

  Mexico Opens Incentives to Foreign Oil Production Companies.

Thanks to a Mexican supreme court ruling on Tuesday, Pemex now has the ability to offer the foreign oil companies more of an incentive to come down to Mexico. While the state will continue to own the oil, the government is allowing Pemex to pay foreign oil companies a fee on each barrel of oil they extract. That differs from the old system where they would be paid a flat fee for completing the project. In return, the oil companies would agree to share in the risk by absorbing 25% of the exploration and development costs.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki